Deseret Evening News | 1908-07-16 | Page 6 | Deal Involves Bingham Mines

I I nEAL DEAL InEAL I INVOLVES BINGHAM MINES 1 N w Red Wing and Other Proper Properties tes ties May Form Basis for Big Company i iBY SACKED BY BYSick FOREIGNERS Sl Sick k of Utah II hi ngIn n coming from tin nn author H vo II Iii to the tho that u n Is 15 likely to 0 ho be o h the Utah luau Development I d several other of at mining d m In the tho district The Development company owns tho NOI No Hed mine and ancl I It II hs presumed tha that tho wi vIlI b be opo of oC the tho properties to b bo 1 brought Into the tho combination rho deal Is 18 being worked out In Eng England England land which means that the tho enterprIse ho bo backed by I a strong ft nC English capitalists iJ by whom much ot of the tho Utah Development anti Butler liberal stock toek Is owned The Tho Utah property hId hai been closed since the tue panic stopped mining activity II all over oVel tim the country last year but IL a small force Is el cm on a at the tho Hulor LiberaL The basis upon which the combination Is proposed hll baN not been le learned rel has ha It been determined how many properties wi vill bo be Involved In the tho transaction It Is known hov vel that nn an II Is bo be belog log to round up a for tor the tho new company